Why Lockheed Martin Stock Is Volatile Today
Expectations were low for Lockheed Martin (NYSE: LMT) heading into earnings season, but the company's results turned out better than some had expected.
Shares of Lockheed opened down nearly 4% but rallied to be up 2% as of noon Eastern.
Lockheed, the world's largest pure-play defense contractor, has been flying into turbulence of late. The company lost out to in a competition to build the Air Force's next fighter jet, a multibillion-dollar opportunity for the winner. And last week, right before its earnings announcement, Lockheed said its chief financial officer was stepping down.
Source Fool.com
Boeing Co. Stock
Currently there is a rather positive sentiment for Boeing Co. with 50 Buy predictions and 13 Sell predictions.
On the other hand, the target price of 191 € is below the current price of 201.5 € for Boeing Co., so the potential is actually -5.21%.